Lvmh
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L'Oreal Surpasses LVMH to Become France's Most Valuable Public Company
L'Oreal has overtaken LVMH as France's most valuable company, marking a historic shift driven by consumer trends and a broader three-year slowdown in the global luxury sector.
In the midst of an inheritance drama, the shockwaves of the war with Iran have reached Louis Vuitton
Bernard Arnault, owner of the luxury giant LVMH, is facing shareholder pressure amid rumors of inheritance battles and economic challenges exacerbated by the war with Iran.
Not just a singer: Beyoncé has acquired full control of her whiskey brand
Beyoncé has become the sole owner of her whiskey brand, SirDavis, after buying out luxury giant LVMH's stake. This move further expands the business empire of the singer, who was named a billionaire by Forbes last December.
Sephora will not come to Israel: "This is a one-time resale deal for products that have been discontinued"
The celebrations in Israel regarding the arrival of the international beauty chain Sephora were exaggerated. Following the much-discussed announcement, the international headquarters plans to clarify that Sephora has no intention of coming to Israel soon, and that it is a temporary sale of limited products from the private brand.
For the first time: Sephora will open stores in Israel on August 20
First publication: The chain will open six stores and five corners in the country in the first phase. Note: The stores that will open are "Sephora Collection only", meaning they will sell Sephora's house brand. The design will be that of Sephora stores worldwide.
Assaf Granit in Talks for Potential Deal with Louis Vuitton
The Machneyuda group is in preliminary negotiations with the investment arm of LVMH. The goal is to secure financial backing to support the expansion of its luxury restaurant portfolio abroad.